Now that the planned logistics hub is on the horizon and is expected to be an international economic game-changer within the next five to seven years, the time has come to consider speedy commercial litigation that is an essential concern of any foreign investor. Should an investor be unable to obtain a speedy remedy in the event of his/her going or being taken to court, he or she will have serious reservations about investing in business in Jamaica. It is well known that, apart from criminal cases, commercial issues can take up to five years and maybe more to be resolved in court. On occasion, businessmen use it as a defence for non-performance, knowing that if sued the legal costs over the protracted period could well discourage the plaintiff from pursuing the action in court. Such a court should be capable of dispensing justice within the ambits of both Caribbean Community law and international jurisprudence, and would be at the centre of the hyper-litigation atmosphere that should be expected to accompany the establishment of the logistics hub. jamaicaobserver/columns/The-logistics-hub-and-business-litigation_15937793
Posted on: Wed, 05 Feb 2014 14:56:03 +0000
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